Default Amounts. In the case of any past-due amounts of the principal of, or (to the fullest extent permitted by law) interest on, any Advance or Special Rate Loan, or any other amount payable under this Agreement, from the date such amount becomes due until paid in full, payable on demand, a rate per annum equal at all times to 2% above the Alternate Base Rate in effect from time to time.
Appears in 3 contracts
Samples: Revolving Credit Agreement (Union Pacific Corp), Credit Agreement (Union Pacific Corp), Credit Agreement (Union Pacific Corp)
Default Amounts. In the case of any past-due amounts of the principal of, or (to the fullest extent permitted by law) interest on, any Advance or Special Rate Loan, or any other amount payable under this AgreementAdvance, from the date such amount becomes due until paid in full, payable on demand, a rate per annum equal at all times to 2% above the Alternate Base Rate in effect from time to time.
Appears in 3 contracts
Samples: Assignment and Acceptance Agreement (Union Pacific Resources Group Inc), Credit Agreement (Union Pacific Resources Group Inc), Union Pacific Resources Group Inc
Default Amounts. In the case of any past-due amounts of the principal of, or (to the fullest extent permitted by law) interest on, any Advance or Special Rate Loan, or any other amount payable under this Agreement, from the date such amount becomes due until paid in full, payable on demand, a rate per annum equal at all times to 2% above the Alternate Base Rate in effect from time to time.. 5-YEAR CREDIT AGREEMENT
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